Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Economics Expert

A company manufactures microchips. use the revenue function R(x)=x(75-5x) and the cost function C(X)=125=12x to answer parts A-E, where x is in millions of Chips and R(x) and C(x) are in millions of dollars. Both functions have domain 1 is less than or equal to X and 20 is greater than or equal to.

A. Form a profit function P, and graph R,C, and P in the same rectangular coordinate system. P(x)=

B. Discuss the relationship between the intersection points of the graphs of Rand C and X intercepts of P.

C. Find the x intercepts of P to the nearest thousand chips. Find the break-even points to the nearest thousand chips and since the breakeven point is the point at which the profit equal

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91370470

Have any Question?


Related Questions in Business Economics

Suppose that the weight x in pounds of a 30 year old man is

Suppose that the weight (x) in pounds of a 30 year old man is a normal random variable with mean 182.9 and standard deviation of 20lbs. in what percentile is a 30 year old man who weighs 150lbs?

A student must answer 15 truefalse questions for a test but

A student must answer 15 true/false questions for a test, but the student did not study well. If the student randomly guesses on each question , what is the probability that the student answers 3 questions correctly?

Give an example of a binary relation which is connected and

Give an example of a binary relation which is connected and transitive but not reflexive.

A financial analyst examined the possible returns from

A financial analyst examined the possible returns from several financial investments. When the performance of these investments was later examined, it turned out that 25% performed much better than the market average, 25 ...

1 the following table shows the prices and quantity

1. The following table shows the prices and quantity demanded of Alberta wheat in 2014 and 2015. The change in 2012 resulted from exceptional weather, resulting in a bumper crop. 2014 2015 Bushels demanded 1.74 billion 1 ...

For a population of individuals that has a standard

For a population of individuals that has a standard deviation of 10, what is the standard error of the mean for samples of size (a) 2, (b) 3, (c) 4, (d) 5, (e) 10, (f) 20, (g) 100?

Carefully explain how the negative price elasticity of

Carefully explain how the negative price elasticity of demand affect the revenue or profit of an organization?

A worker earns 15 per hour at a plant and is told that only

A worker earns $15 per hour at a plant and is told that only 2.5% of all workers make a higher wage. If the wage is assumed to be normally distributed and the standard deviation of wage rates is $5 per hour, the average ...

A particular normally distributed population has a mean of

A particular normally distributed population has a mean of 40 and a standard deviation of 6. For each sample below, use a z test and indicate if it shows a significant result (α = .05, onetailed): (a) sample of N = 10 wi ...

Once you have the total product curve plotted with the

Once you have the total product curve plotted with the below data, how do you calculate the average product of labor at different units of labor? And the marginal products of labor? 1 unit of labor=2 outputs per week 2 u ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As